Understand the best SIP mutual funds for a long term investment of 20 years or more. See the top funds currently being recommended on the Cube Wealth app by our mutual fund advisory partner, Wealth First.
Most investors tend to start with a SIP of around ₹5000 to ₹10,000. But it is possible for investors to invest in SIP mutual funds for as low as ₹1000 using an app like Cube Wealth and create long term wealth. To do this, it is crucial to select the best SIP mutual funds.
This in fact is important regardless of the SIP amount. That's why many busy professionals use the Cube Wealth App. It gives you access to curated mutual funds handpicked by Wealth First.
Yes! If you're consistent with your ₹1000 SIP every month for 20 years then it has the power to compound and accumulate into a large corpus. This consistency can transform your future financial health. Before adopting any investment strategy, it's advisable to download the Cube Wealth App and consult a Cube Wealth Coach who can provide guidance based on your risk tolerance.
Here's an example of the power of a monthly ₹1000 SIP invested in a mutual fund with 8% returns for 20 years:
We used the smooth Cube SIP calculator to calculate the SIP returns. You can try it too!
You can start a ₹1000 SIP in the mutual funds mentioned in the following list on the Cube Wealth app.
1. Nippon India Liquid Fund
2. Invesco India Liquid Fund
3. ICICI Prudential Liquid Fund
4. IDFC Arbitrage Fund
5. Kotak Liquid Fund
1. IDFC Ultra Short Term Fund
1. Motilal Oswal Focused 25 Fund
2. Invesco India Growth Opportunities Fund
3. Invesco India Contra Fund
4. DSP Nifty Next 50 Index Fund
5. SBI Flexicap Fund
1. Invesco Pan European Equity Fund
2. Motilal Oswal Nasdaq 100 Fund of Fund
3. Motilal Oswal S&P 500 Index Fund
1. Mirae Asset Tax Saver Fund
2. Kotak Tax Saver Fund
There are over 1000 SIP mutual funds available to Indian investors. Honestly speaking, it can get overwhelming to analyse each mutual fund to know which one best fits your goals.
Instead, you can leave the analysis to experts like Wealth First on the Cube Wealth app. But WF doesn’t just stop at analysis. They go one step further and handpick the best SIP mutual funds for you on Cube.
These best SIP mutual funds are based on your goals and risk appetite. Wealth First’s track record of beating the market by ~50% over the past decade ensures that you get access to only the best mutual funds.
That’s not all. Cube gives you access to convenient features like QuickSIP and SuperSIP to simplify the SIP mutual funds investment journey.
You may also consult a Cube Wealth Coach before investing in any such vehicle.
Ans. SIPs in equity, debt, international, and even liquid funds may be a suitable option for the long term. However, a lot can change over 20 years since what is the best today may not be the best tomorrow.
You need a reliable investment platform like Cube Wealth by your side that gives you access to expert advisors like Wealth First who can help you navigate through the ups and downs of the market.
Ans. There are more than 1000 mutual fund scheme variations in India so it would be wise to understand your risk appetite and investment goals before starting a SIP.
Cube Wealth is a reliable investment app that has o a detailed risk analysis quiz feature that gives you access to handpicked mutual funds that can work for you.
These mutual funds are selected by Wealth First, Cube’s investment advisory partner that has a track record of beating the market by ~50%. Explore the best SIPs on Cube Wealth now.
There are various types of mutual funds available in the Indian market ranging from liquid funds to international funds, all of which cater to different investment goals and risk profiles.
That said, equity funds are generally considered to be one of the best investments for 5+ years because they invest in stocks that are known to be volatile in the short term but lucrative in the long term.
Bear in mind that equity funds are divided into various categories like small cap, mid cap, large cap, ELSS, and international funds. Cube’s advisor Wealth First currently recommends these best equity funds for Cube users who want to invest for 5 years or more:
Check out the Cube Wealth app to see the complete list of best mutual funds for 5 years.
The profits earned from mutual funds are known as “returns” while the term interest rate is generally reserved for the likes of fixed deposits. SBI mutual funds are renowned for their legacy and relatively consistent returns, which on the Cube Wealth app are:
There are several famous AMCs associated with banks in India like Axis, SBI, IDFC, HDFC, ICICI, Kotak, Canara, and more. Each of these AMCs is known to give investors access to solid mutual funds.
In fact, some of the top bank SIPs are currently being recommended on Cube. These best bank SIPs include:
Check out the Cube Wealth app for more information.
Starting a Systematic Investment Plan (SIP) in mutual funds is known to be one of the best ways to save money and earn lucrative returns. Before you start a SIP, however, you’ll need a solid financial plan.
The plan will factor in your income based on which you’ll have to set aside a chunk of money every month and be consistent throughout the SIP duration to achieve your 50 lakh goal in 5 years.
Here’s how the math would look like in some scenarios:
SIPs in equity funds are known to generate the highest returns amongst mutual funds. The logic behind this is simple - equity funds invest in stocks that have historically generated lucrative returns than bonds that debt funds invest in.
Watch this guide on Cube Wealth’s convenient QuickSIP feature
Other Blogs You May Like:
on stock picking, poring over excel sheets, financial news, analyzing market trends, tracking the Sensex, researching company fundamentals, comparing mutual funds, reading financial reports, trying to predict the future & losing your sanity!